Written Commentary
MORNING LIVESTOCK OUTLOOK
Slaughter was down Thursday as icy roads and blowing snow slowed delivery. Some areas may still be affected Friday, but by next week warmer temperatures should have snow melted and there shouldn’t be any problems. With lack of snow this winter and milder temperatures feed conversions have been good and feedlots are in good condition.
Negotiated hog, formula and future priced hogs higher this week. At this time weather has had an effect to the movement and availability of hogs, but even before the severe weather prices have been up as packers procure available hogs for slaughter. Next week temperatures are warming and there shouldn’t be any problems with moving hogs.
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